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Income Statement (EUR)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 19.8B | 101.4% |
| Gross Profit | 3.86B | 1.7% |
| Cost of Revenue | 16B | 163.9% |
| Operating expense | 1.68B | 44.9% |
| Net Income | 825M | 168.3% |
| EBITDA | 6.05B | 38.6% |
Balance Sheet (EUR)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 104B | 0% |
| Total Liabilities | 74.9B | 7.1% |
| Total Equity | 26.5B | 15.8% |
| Shares Outstanding | 2.66B | 0% |
Cash Flow (EUR)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.36B | 0% |
| Cash from financing | -1.52B | 0% |
Financial Highlights for Orange in Q2 '24
Orange reported a revenue of 19.8B, which is a 101.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.86B, marking a 1.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 16B, a 163.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.68B, showing a -44.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 825M, showing a 168.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 6.05B, showing a -38.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Orange with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
